FA News Articles

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Alan ‘Ace’ Greenberg, Who Transformed Bear Stearns, Dies At 86

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Alan C. Greenberg, a Wall Street icon who presided over Bear Stearns during its historic collapse in 2008, has died at the age of 86.

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Top Cars For Clients Worried About Their Teenage Drivers

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For clients who are looking for advice on what cars to buy for their kids, these used, mid-sized cars are rated the safest for teenage drivers.

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Elderly Advisor Convicted On Fraud Tied To Microcaps, NY Horse Firm

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An advisor in his 70s was found guilty of funneling client money to a horse racing firm and small, thinly traded companies in exchange for secret kickbacks.

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Why Your 401(k) Likely Won’t Offer ‘Longevity Annuity’

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The Obama administration is trying to nudge employers to add a special type of annuity to their investment menus that addresses that risk. But here's the response they're likely to get: "Meh."

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Mobius Says Not Too Late To Buy China With 20% Upside

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Mark Mobius, whose $12 billion Templeton Asian Growth Fund has outperformed 94 percent of peers this year, favors state-owned banks and energy companies.

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Amazon Loss Widens As CEO Alarms Investors With Spending

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Jeff Bezos is testing the patience of investors after Amazon missed earnings estimates for a second straight quarter, sending the shares tumbling 10 percent.

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Financial Advisors' Events Can Make Lasting Client Impression

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Social media may be top of mind for financial advisors, but many find there is no substitute for old-fashioned, in-person client events.

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U.S. TIPS Auction Draws Lowest Yield In A Year On Inflation Bets

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The U.S. sale of $15 billion of 10-year inflation-indexed debt drew the lowest yield in more than a year amid bets consumer-price growth will increase as the economy improves.

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U.S. Jobless Claims Hit More Than Eight-Year Low, But Home Sales Tumble

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The number of Americans filing new claims for unemployment benefits fell to the lowest level in nearly eight and a half years last week, but another report showed a sharp decline in new homes sales...

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ETFs Geared For China 2.0

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Despite China’s recent negative headlines, the combination of low valuations and long-term growth prospects make it a compelling investment opportunity.

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